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GDP
$301BCURRENT US$
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68.2%CURRENT US$
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$74.4BCURRENT US$
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5.62%CURRENT US$
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$15,892CURRENT US$
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77.9%CURRENT US$
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$3,354CURRENT US$
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About

Romania-Sri Lanka In 2022, Romania exported $37.4M to Sri Lanka. The main products that Romania exported to Sri Lanka are Wheat ($33.5M), Combed Wool or Animal Hair Fabric ($924k), and Broadcasting Equipment ($448k). During the last 27 years the exports of Romania to Sri Lanka have increased at an annualized rate of 3.4%, from $15.1M in 1995 to $37.4M in 2022.

In 2022, Romania did not export any services to Sri Lanka.

Sri Lanka-Romania In 2022, Sri Lanka exported $14.6M to Romania. The main products that Sri Lanka exported to Romania were Low-voltage Protection Equipment ($3.37M), Insulated Wire ($3.13M), and Used Rubber Tires ($2.27M). During the last 27 years the exports of Sri Lanka to Romania have increased at an annualized rate of 10.3%, from $1.03M in 1995 to $14.6M in 2022.

In 2022, Sri Lanka did not export any services to Romania.

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $37.4M to Sri Lanka. The main products exported from Romania to Sri Lanka were Wheat ($33.5M), Combed Wool or Animal Hair Fabric ($924k), and Broadcasting Equipment ($448k). During the last 27 years the exports of Romania to Sri Lanka have increased at an annualized rate of 3.4%, from $15.1M in 1995 to $37.4M in 2022.

In 2022, Sri Lanka exported $14.6M to Romania. The main products exported from Sri Lanka to Romania were Low-voltage Protection Equipment ($3.37M), Insulated Wire ($3.13M), and Used Rubber Tires ($2.27M). During the last 27 years the exports of Sri Lanka to Romania have increased at an annualized rate of 10.3%, from $1.03M in 1995 to $14.6M in 2022.

Exports from Romania (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and Sri Lanka (Flag)

Romania Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Sri Lanka
Top Destination
United States$3.52B

This map shows whether countries import more from Romania or Sri Lanka. Each country is colored based on the difference in imports they receive from Romania and Sri Lanka or the difference in the growth in imports.

In 2021, countries that imported more from Romania than Sri Lanka were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Sri Lanka than Romania were India ($1.12B), United States ($3.52B), and Bangladesh ($225M).

Difference in imports from Sri Lanka (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Sri Lanka

Flow
Scale

This chart compares trade between Romania and Sri Lanka by product, considering products traded by both, Romania and Sri Lanka.

During 2022, Romania had a large net trade with Sri Lanka in the exports of Vegetable Products ($33.7M), Textiles ($1.41M), and Machines ($1M).

During 2022, Sri Lanka had a large net trade with Romania in the exports of Machines ($8.13M), Plastics and Rubbers ($3.23M), and Textiles ($1.35M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Romania.

Product Space of Romania (Flag) and Sri Lanka (Flag) (2022)

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